After Hours Summary: CISG +7.2%, SPCB +2.5%, PINC +2.1%, ADEP -18.5%, KANG -15.9%, XUE -13.2% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: CISG +7.2%, SPCB +2.5%, PINC +2.1%
Companies trading higher in after hours in reaction to news: KITE +24.2% (announced patients with aggressive non-Hodgkin's lymphoma experience positive results afte rreceiving anti-CD19 chimeric antigen receptor T Cells; 12 out of 13 evaluable patients had complete remissions or partial remissions), PE +3.4% (acquired Midland Basin assets for ~$252 mln; says first horizontal well on its Tier 1 acreage, the Char Hughes 1-HB, generated a peak 24-hour initial production rate of 1,262 Boe/d and a peak 30-day IP rate of 891 Boe/d; enters into an agreement with a private midstream services company for firm pipeline capacity), CMTL +2.9% (confirmed it is exploring strategic alternatives), PINC +2.1% (announced the acquisition of Aperek, Inc. for $48.5 mln in cash; co also reported earnings), JMBA +1.7% (entered into an agreement with Capgemini to create workflow efficiencies while reducing costs), ZGNX +1.2% (Armistice Capital discloses 5.9% passive stake in 13G filing)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ADEP -18.5%, KANG -15.9%, XUE -13.2%, PSEC -2.6%, IMMU -1.7%
Companies trading lower in after hours in reaction to news: ASTI -4.9% (announced 1-for-10 reverse stock split), COCO -3.0% (disclosed it expects a $55-59 mln impairment charge; co also disclosed it continues to need to obtain additional sources of liquidity), NES -2.4% (announced that VeroLube has proposed a reduction in the purchase price of Thermo Fluids to $145 mln from $175 mln), ROYT -1.3% (declared a September cash distribution of $0.11417 per unit, 14% below prior months distribution of $0.13234 per unit)
Companies trading higher in after hours in reaction to earnings: CISG +7.2%, SPCB +2.5%, PINC +2.1%
Companies trading higher in after hours in reaction to news: KITE +24.2% (announced patients with aggressive non-Hodgkin's lymphoma experience positive results afte rreceiving anti-CD19 chimeric antigen receptor T Cells; 12 out of 13 evaluable patients had complete remissions or partial remissions), PE +3.4% (acquired Midland Basin assets for ~$252 mln; says first horizontal well on its Tier 1 acreage, the Char Hughes 1-HB, generated a peak 24-hour initial production rate of 1,262 Boe/d and a peak 30-day IP rate of 891 Boe/d; enters into an agreement with a private midstream services company for firm pipeline capacity), CMTL +2.9% (confirmed it is exploring strategic alternatives), PINC +2.1% (announced the acquisition of Aperek, Inc. for $48.5 mln in cash; co also reported earnings), JMBA +1.7% (entered into an agreement with Capgemini to create workflow efficiencies while reducing costs), ZGNX +1.2% (Armistice Capital discloses 5.9% passive stake in 13G filing)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ADEP -18.5%, KANG -15.9%, XUE -13.2%, PSEC -2.6%, IMMU -1.7%
Companies trading lower in after hours in reaction to news: ASTI -4.9% (announced 1-for-10 reverse stock split), COCO -3.0% (disclosed it expects a $55-59 mln impairment charge; co also disclosed it continues to need to obtain additional sources of liquidity), NES -2.4% (announced that VeroLube has proposed a reduction in the purchase price of Thermo Fluids to $145 mln from $175 mln), ROYT -1.3% (declared a September cash distribution of $0.11417 per unit, 14% below prior months distribution of $0.13234 per unit)